Business Studies, asked by feverfrozen100, 21 days ago

state any transaction which is not recorded in single entry system but is recorded in double entry system​

Answers

Answered by neelk3201
3

Answer:

The bookkeeping system in which only one aspect of a transaction is recorded, i.e. either debit or credit, is known as Single Entry System. Double Entry System, is a system of keeping records, whereby both the aspects of a transaction are captured.Single Entry System maintains personal and cash accounts.

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